Archive for April 2020

ADDITIONAL FINANCIAL ASSISTANCE

FROM:            THE OHIO TOWING AND RECOVERY LEGISLATIVE COMMITTEE (OTRLC) TO:                  THE OHIO TOWING AND RECOVERY INDUSTRY RE:                  ADDITIONAL FINANCIAL ASSISTANCE In our last update from the OTRLC we discussed the Paycheck Protection Plan as an option for Ohio towing and recovery companies who need immediate financial assistance during the COVI-19 crises.  Today, we would like…

Read More

CORONAVIRUS UPDATE

April 1, 2020 WHAT TO KNOW NOW: FEDERAL UPDATE by Derek Harley Administration: Internal Revenue Service (IRS):  The Treasury Department and the IRS announced that the distribution of economic impact payments will “begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others who…

Read More

ESSENTIAL BUSINESS GUIDANCE

FROM: THE OHIO TOWING & RECOVERY JOINT LEGISLATIVE COMMITTEE (OTRJLC) RE: ESSENTIAL BUSINESS GUIDANCE As additional guidance from Governor Mike DeWine and Lt. Governor Jon Husted regarding essential businesses that may remain open during the COVID-19 state of emergency, both TRAO and APTO would like to update everyone and provide guidance. There are two very…

Read More

IMPORTANT: SBA PAYCHECK PROTECTION PROGRAM OPENS APRIL 3, 2020

FROM: Ohio Towing and Recovery Legislative Committee TO:  Ohio Towing and Recovery RE:  SBA PAYCHECK PROTECTION PROGRAM OPENS TOMORROW This week, Congress passed significant legislation to help small businesses continue to function including a new program: The Paycheck Protection Program.  This program may have an immediate impact on most Ohio towing and recovery companies, especially…

Read More

State and Federal Update

TO:                  The Ohio Towing and Recovery Industry FROM:            The Ohio Towing and Recovery Legislative Committee RE:                  State and Federal Update WHAT YOU NEED TO KNOW FEDERAL UPDATE: Late last week, the US House of Representatives reconvened to vote on a Senate Amendment to H.R. 266 – the “Paycheck Protection Program and Health…

Read More